Tag: South Korea
South Korea May Tax Tokenized Stocks as Securities by Late 2026
South Korea’s Finance Ministry views tokenized stocks as securities, not virtual assets. Tokenized stocks can be taxed immediately under the current Capital Markets Act. Taxation…
South Korea’s NHN KCP Bets Big on 2-Second Stablecoin Transfers
NHN KCP tested stablecoin payments with Payco across online and offline services. Avalanche infrastructure enabled stablecoin settlements within two seconds during pilot testing. South Korea…
South Korea to Launch Tokenized Securities Rules This July
South Korea will release tokenized securities issuance rules in July. The rules will allow portfolio-style fractional investment securities backed by similar assets. A public-private council…
South Korea Targets Tether Laundromats in Major Crypto Crackdown
Police will intensify crackdowns on Tether “laundries” used to launder crime money through USDT. Police are building crypto-investigation capacity with specialized training and a nearly…
South Korea Confirms 22% Crypto Tax Starting January 2027
South Korea confirmed that crypto taxes will take effect in January 2027. Taxation applies to profits over 2.5 million KRW annually. The tax rate is…
South Korea Scrambles as $115B Flows Into Dollar Stablecoins
South Korean investors moved $115.3 billion to overseas exchanges in 2025, weakening the won below 1,500 per dollar. Local stablecoin holdings dropped 55% as capital…
South Korea’s Forex Law Shakeup Could Reshape Crypto Trading
South Korea passed a bill bringing crypto providers under the Foreign Exchange Transactions Act. Crypto service providers must now register with the Finance Minister for…
South Korea Drives 30% of Crypto Volume – But Bitcoin Holds Just 9% Share
Korea drives 30% of crypto volume while Bitcoin remains limited at just 9% share Altcoins dominate 85% of Korea’s crypto trades, showing strong speculative demand…
South Korean Police Lose $1.5M in Seized Bitcoin
Seoul Gangnam Police lost 22 BTC worth $1.45M during a 2026 digital asset custody audit. The 22 seized BTC were drained remotely while the USB…
